J
Seller's Agent in 2013
Jeffery Hanrath
Valley Income Properties, Inc.
2502 W Vista Ave Phoenix, AZ 85051
Alhambra NeighborhoodEstimated Value: $479,000 - $886,000
--
Bed
--
Bath
2,180
Sq Ft
$340/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Cooling Available
- Heating Available
- Washington High School Rated A-
About This Home
As of May 2013Outstanding value, Four nearly new (2005) 4 bedroom 2 bathroom houses on one parcel. Units are very well maintained, have HUGE back yards, have 2 covered parking spots each, offer great cash flow, and continuing maintenance is nearly zero! Residents pay all utilities. Rare opportunity to get in on the housing rush with one easy purchase. Rent Roll is $3,300 per month. Run the debt service numbers with 25% down and the cash flow is off the charts.
Last Agent to Sell the Property
Jeffery Hanrath
Valley Income Properties, Inc. License #BR045294000 Listed on: 04/19/2013
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,936
Year Built
- Built in 2005
Lot Details
- 0.4
Home Design
- Wood Frame Construction
- Composition Roof
- Stucco
Flooring
- Wood
- Carpet
- Concrete
- Ceramic Tile
Parking
- 4 Open Parking Spaces
- 12 Parking Spaces
- 8 Covered Spaces
- Common or Shared Parking
- Paved Parking
Utilities
- Cooling Available
- Heating Available
Listing and Financial Details
- Tenant pays for trash collection, electricity, water, sewer
- Tax Lot 40
- Assessor Parcel Number 157-30-042
Community Details
Overview
- 4 Buildings
- 4 Units
- Building Dimensions are 17460
- Vista Income Estates Subdivision
Building Details
- Gross Income $161,600
- Net Operating Income $29,560
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 19, 2013
Closed on
Apr 29, 2013
Sold by
Moore Timothy A
Bought by
Kiely Az Properties Llc
Seller's Agent
Jeffery Hanrath
Valley Income Properties, Inc.
Buyer's Agent
Amy Paul
RETSY
List Price
$319,900
Sold Price
$317,000
Premium/Discount to List
-$2,900
-0.91%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$424,527
Avg. Annual Appreciation
8.72%
Purchase Details
Closed on
May 26, 2009
Sold by
Foreclosure Solutions Llc
Bought by
Moore Timothy A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
4.87%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 15, 2008
Sold by
Talbot Todd
Bought by
Foreclosure Solutions Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,946
Interest Rate
6.31%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Jun 24, 2008
Sold by
Talbot Angela L
Bought by
Talbot Todd A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,696
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 23, 2008
Sold by
Magnum Financial Llc
Bought by
Talbot Todd
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,696
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 11, 2008
Sold by
Mendoza Angelito R
Bought by
Magnum Financial Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,696
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 3, 2006
Sold by
Mendoza Lorna P
Bought by
Mendoza Angelito R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,500
Interest Rate
6.19%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Dec 29, 2005
Sold by
Tolentino Mario and Tolentino Marilou
Bought by
Mendoza Angelito R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
3.25%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 3, 2005
Sold by
D A S Builders Inc
Bought by
Tolentino Mario and Tolentino Marilou
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,750
Interest Rate
5.75%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 20, 2005
Sold by
D A S Acquisitions
Bought by
D A S Builders Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,750
Interest Rate
5.75%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 17, 2004
Sold by
Mayberry Kirby and Mayberry Kathy
Bought by
D A S Acquisitions
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kiely Az Properties Llc | $317,000 | Lawyers Title Of Arizona Inc | |
| Moore Timothy A | $270,000 | Lawyers Title Of Arizona Inc | |
| Foreclosure Solutions Llc | -- | None Available | |
| Talbot Todd A | -- | None Available | |
| Foreclosure Solutions Llc | -- | None Available | |
| Magnun Financial Llc | $207,001 | None Available | |
| Mendoza Angelito R | -- | The Talon Group Tatum Garden | |
| Mendoza Angelito R | $575,000 | The Talon Group Tatum Garden | |
| Tolentino Mario | $475,000 | Fidelity National Title | |
| D A S Builders Inc | -- | Capital Title Agency Inc | |
| D A S Acquisitions | $70,000 | First American Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Moore Timothy A | $210,000 | |
| Previous Owner | Moore Timothy A | $216,000 | |
| Previous Owner | Foreclosure Solutions Llc | $209,946 | |
| Previous Owner | Talbot Todd | $201,696 | |
| Previous Owner | Foreclosure Solutions L L C | $209,946 | |
| Previous Owner | Talbot Todd A | $201,696 | |
| Previous Owner | Mendoza Angelito R | $57,500 | |
| Previous Owner | Mendoza Angelito R | $460,000 | |
| Previous Owner | Tolentino Mario | $308,750 | |
| Previous Owner | D A S Builders Inc | $300,000 | |
| Closed | Tolentino Mario | $118,700 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/10/2013 05/10/13 | Sold | $317,000 | -0.9% | $145 / Sq Ft |
| 04/23/2013 04/23/13 | Pending | -- | -- | -- |
| 04/19/2013 04/19/13 | For Sale | $319,900 | -- | $147 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,698 | $22,064 | -- | -- |
| 2024 | $2,649 | $21,013 | -- | -- |
| 2023 | $2,649 | $68,510 | $13,700 | $54,810 |
| 2022 | $2,563 | $44,080 | $8,810 | $35,270 |
| 2021 | $2,596 | $38,010 | $7,600 | $30,410 |
| 2020 | $2,531 | $38,150 | $7,630 | $30,520 |
| 2019 | $2,485 | $34,230 | $6,840 | $27,390 |
| 2018 | $2,420 | $30,030 | $6,000 | $24,030 |
| 2017 | $2,408 | $24,770 | $4,950 | $19,820 |
| 2016 | $2,364 | $23,750 | $4,750 | $19,000 |
| 2015 | $2,189 | $23,080 | $4,610 | $18,470 |
Source: Public Records
Agents Affiliated with this Home
-
-
Amy Paul
Buyer's Agent in 2013
Amy Paul
RETSY
(480) 776-1555
19 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 4923310
APN: 157-30-042
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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